Case Analysis: Prestige Telephone Company Liam Hennessy‚ Xinyi Zhang‚ Yuan Chai‚ and Anthony Saba 1. Reasons for Continuing Losses Prestige Data Services’ main problem is that they have too many available hours that are not generating any revenue. In the first quarter of 2003‚ they have an average of 176 available hours per month of available hours. Its operations exact a huge amount of fixed costs to cover. If they could find more commercial customers for the available capacity‚ they could
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Prestige Case Study Accounting Currently there are only two variable costs of the company‚ but as Anthony RN (2011 p476)) states when products have different unit contributions and when the product mix changes one approach to the C-V-P analysis is to treat each product separate entity and to construct a profit graph for that entity. A prestige data service provides a service and so the variable costs are only Power and labour rather then products who would have materials included. The variable
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((2008)‚ May) Managing the Hazard of Marine Oil Pollution in Alaska‚ Review of policy research‚ 25(3)‚ 203-218‚ Axia Student Library. East burn‚ T. (2006). Milagro‚Windows to the Universe. University Corporation for Atmospheric Research (UCAR) Paragon House Publishers. (2010). New World Encyclopedia. Retrieved from http://www.newworldencyclopedia.org/entry/New_World_Encyclopedia‚About Song‚ Y. ((2008)‚ April-Jun). The Potential Marine Pollution Threat from Oil and Gas Development Activities in the
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In many situations in my life‚ I have been personally accountable for my actions. Every part of being who I am has something to do with morality. Being responsible and accountable for what I do is something I take very personally. It is a key point in my personality and a critical part of being part of the US Army. Being accountable is something a lot of people typically avoid. In many instances of our lives‚ and in our country and our society‚ there are times where people aren’t accountable
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multinational oil and gas corporation being the world’s largest publicly traded international oil and gas company. ExxonMobil holds an industry-leading inventory of global oil and gas resources. Is the world’s largest refiner and marketer of petroleum products‚ their chemical company ranks among the world’s largest. Exxon apply science and innovation to find better‚ safer and cleaner ways to deliver the energy the world needs[1]. Although Exxon is considered one of the leader in oil refinery‚ there
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Exxon Valdez On March 24‚ 1989 at 12:04am the super tanker Exxon Valdez ran aground in the Prince William Sound on the Bligh Reef. Eight out of eleven cargo tanks were punctured releasing 5.8 million gallons of crude oils into the surrounding sea. According to reports from Exxon and the National Transportation Safety Board (NTSB) there were only nineteen crew members and the captain aboard the ship. On the day before the ship arrived at the Alyeska Pipeline Terminal to be loaded for a trip
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Taylor Skoglund Mrs. Knudson Writing 102 27 September‚ 2010 The Prestige Do you like movies? If so‚ do you like movies in the drama/mystery genre? Well there is one movie in particular that I would like to talk to you about. This movie is full of drama‚ suspense and mystery. It is titled The Prestige. This is my favorite movie of all-time and is based on the Christopher Priest novel with the same title. This film is engaging and keeps the audience guessing throughout just like a magician
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I) Appraise the results of operations of Prestige Data Service. Is the subsidiary really a problem to Prestige Telephone Company? Consider carefully the differences between reported costs and cost relevant for decisions that Daniel Rowe is considering. 1. The prestige Data Services grew from the needs of the Prestige Telephone Company to meet their needs of data handling at the time but the problem now is that the company is still operating at a loss. But is that a problem for the parent company
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Introduction Since the industrial revolution‚ society has become more and more dependent on technology. So much so that we sometimes lack the willingness to think before we act. We become impatient if it takes more than a few seconds to download a copy of the morning news paper. We expect immediate responses to our email‚ and we expect someone to answer their cell phone whenever and wherever we call. “Industrialization resulted in rapid and sustained economic growth and a massive increase
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1. Prestige Data Services apparently has not lived up to its parent company’s expectation. However‚ based on the numbers‚ the Prestige Data Services appears to be rather potential after just two years of performance. Its revenue hours sold to outside firms have being growing‚ and the majority of Prestige Data Services’ costs are fixed costs‚ e.g.‚ rent‚ custodial services‚ computer lease‚ maintenance‚ etc. In order to determine whether or not the subsidiary is indeed “too good to give up
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